Description
Excellent Class A Retail property for sale. Occupancy rate is 90%, with multiple tenants. Cap Rate is 8.05%, and the parking ratio is 6.36 / 1,000 Sq. Ft. Rental rates increase annually at a rate of 5%. Great investment opportunity.
$3,500,000
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0BEDS
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2ACRES
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0BATHS
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01/2 BATHS
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18,720SQFT
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$187$/SQFT
Neighborhood:
Type:
Commercial
Built:
2008
County:
Area:
School Ratings & Info
Description
Excellent Class A Retail property for sale. Occupancy rate is 90%, with multiple tenants. Cap Rate is 8.05%, and the parking ratio is 6.36 / 1,000 Sq. Ft. Rental rates increase annually at a rate of 5%. Great investment opportunity.
© 2021 Greater Alabama Multiple Listing Service, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX content is not guaranteed accurate by the MLS or RealtySouth Trussville. Data last updated: 2021-01-26T15:30:20.33.